FII bought 26.2 K contract of Index Future worth 2636 cores, Net OI has decreased by 45.4 K contract 2.6 K Long contract were covered by FII and 42.7 K Shorts were covered by FII. Net FII Long Short ratio at 1.04 so FII used rise to exit longs and exit shorts.
As Discussed in Last Analysis Bulls were able to close above 15266 and did 1 target on upside and now waiting for 15377/15432 till we are holding 15266. We will see effect of Total Lunar Eclipse tommrow so be ready of explosive expiry. Bears will get active below 15257 for a move back to 15199/15147/15099. We did not get the expolsive expiry but bulls were able to hold 15266 low made was 15272 and we did 1 target of 15377 and now heading towards all time high of 15432/15501. Today we have Mercury – Venus Declination and Tommrow Mercury goes retrograde so strong trending move will be seen in next 2 trading sessions. Bears will get active below 15270 for a move back to 15220/15166/15101